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Taylor Services inchas 58200 cash on hand on My 1 The company requires a minimum cash balance of $7.200 July cash oilections. 566.570 Total cash

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Taylor Services inchas 58200 cash on hand on My 1 The company requires a minimum cash balance of $7.200 July cash oilections. 566.570 Total cash payments toe hy are $561.160. Prepare a cash budget forly. How much cash it any will Taylor nod to borrow by the end of July CH Complete the bow ( Ups or a sign for lending cashbac) Taylor Services, Inc Combined Cash Budget For the Month Ended July 31 Beginning cash balance 200 Pus Catholicons 540370 Total cathwale 556570 35716.30 Loss Cash payments - 15000 Ending cash bor financing 7500 Minimum chance desired 227660 Cash Boscency)

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